Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
La-Z-Boy's strong Q2 results and Century Vision strategy execution support a Buy rating despite industry challenges and macroeconomic pressures. Management's optimism about future Fed rate cuts and housing market recovery positions La-Z-Boy for potential growth. Key earnings drivers include strong holiday sales, retail segment growth, and effective cost control, despite higher SG&A expenses.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how La-Z-Boy (LZB) and BJ's Wholesale Club (BJ) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Melinda Whittington, CEO of La-Z-Boy, joins CNBC's 'The Exchange' to discuss the state of the consumer, how La-Z-Boy has been able to grow with major headwinds in the housing sector, and more.
LZB's second-quarter fiscal 2025 results indicate increased delivered volume in the Retail segment.
La-Z-Boy Incorporated (NYSE:LZB ) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President & CEO Bob Lucian - SVP & CFO Taylor Luebke - VP, Finance & Treasurer Conference Call Participants Bobby Griffin - Raymond James Anthony Lebiedzinski - Sidoti & Company Brad Thomas - KeyBanc Operator Greetings. Welcome to the La-Z-Boy Fiscal 2025 Second Quarter Conference Call.
La-Z-Boy (LZB) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.74 per share a year ago.
La-Z-Boy's stock is attractively priced despite mixed performance, with revenue growth and strong cash flows, warranting a soft 'buy' recommendation. The company faced revenue and profitability declines in 2023 due to supply chain issues and increased competition but remains financially robust with no debt. Management's focus on direct-to-consumer sales and strategic acquisitions aims to drive future growth, supported by significant cash reserves and investment in infrastructure.
La-Z-Boy Inc. NYSE: LZB stock dropped 7% after the home furnishings retailer reported earnings on August 20. The report itself was fine with revenue and earnings beating analysts' expectations and revenue coming in higher year-over-year (YOY).
La-Z-Boy Incorporated (NYSE:LZB ) Q1 2025 Earnings Conference Call August 21, 2024 8:30 AM ET Company Participants Mark Becks - Director of IR & Corporate Development Melinda Whittington - President, CEO Bob Lucian - SVP, CFO Conference Call Participants Alessandra Jimenez - Raymond James Taylor Zick - KeyBanc Capital Market Anthony Lebiedzinski - Sidoti & Company Operator Good day, and welcome to the La-Z-Boy Fiscal 2025 First Quarter Conference Call. At this time all participants are in a listen-only mode.